Will You Pay More for Gas Because Of Trump’s Tariffs?!
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500 % tariffs on Russia. Now many people say, see this and they say, yes, go get them, stick it to Putin, get them. Okay, I get it. These are some anti-Russia sanctions and you wanna call this the nuclear option in case Moscow decides that it refuses to sign on to.
the various different efforts that Trump is putting forward to negotiate some sort of peace. You got about 50 Republicans and Democrats. They put forth this sanctions package. You got Lindsey Graham and Richard Blumenthal at 500 % tariff on imported goods from countries that buy Russian oil, gas, uranium, and several other products. American citizens will also be prohibited from buying Russian sovereign debt. Okay.
Joe Biden, there’s a lot of stuff that happened behind the scenes with the Russian sanctions. Again, the mainstream media didn’t really cover a lot of this. We’ve already mentioned the fact that the European Union spent more on oil and gas from Russia than they did on weaponry that they sent to Ukraine. Another side deal that really wasn’t talked about was who’s been buying, actually buying Russian oil.
India has. India is not going to be able to buy Russian oil, now again, they got it at a discounted price too. And again, this was somewhat facilitated by the United States too, because again, Biden didn’t want to have oil prices skyrocket. That’s one of the dirty little secrets out there. We were told, all right, we’re sanctioning Russian oil. Yeah, their oil made it to market, friends.
Okay, it did. India was a major buyer of oil. Now what? Now I get it. If you want to replace Russian oil, it’s a lot. It’s a lot. Last summer, it changed about a million barrels a day. Can the United States pick that up? Can Canada pick that up? Can Saudi Arabia pick that up? Not so sure.
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Not so sure. And it would obviously cause a major disconnect. I have to believe that Russia knows this as well. So I don’t know if this bill is all talk. I’m not so sure. But you’re talking about you can’t just take, take that amount of oil off the market and expect you know, prices to stay where they are. You would see skyrocketing prices across the globe. Watchdog on wallstreet.com.